Grayscale Investments (GRAY) Proxy Filing summary

Executive summary

• Annual meeting scheduled for June 24, 2025, to be held virtually for stockholders of record as of April 28, 2025.

• Proxy materials, including the Notice of Meeting, Proxy Statement, and Annual Report, are available online, with paper copies available upon request.

Voting matters and shareholder proposals

• Election of three Class II directors to serve three-year terms through the 2028 annual meeting.

• Ratification of Moss Adams LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.

• Approval of an amendment to the 2023 Equity Incentive Plan to increase authorized shares by 600,000.

Board of directors and corporate governance

• Board recommends voting FOR all director nominees and both additional proposals.

• Director nominees are A. Rachel Leheny, Ph.D., Eric W. Roberts, and Frederic Guerard, Pharm.D.